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the election, so obama, president obama hadn't been sworn in yet and there was a meeting in the oval office and a lunch with the five presidents. definitely a rare opportunity to see a lot of history all in one room. >> host: have you ever counted up how many people up in the same room as those five presidents? >> guest: know so is very special. >> host: back to george h.w. and barbara bush. a lot of photos of them in here as well including one of barbara bush with her camera. >> guest: yeah, she was a really good photographer actually. she would photograph me with president h.w. bush and president george w. bush and send me the photos signed by can record time. she was amazing. >> host: here's another photo of mrs. bush, barbara bush. >> guest: yes, this was election evening 2004 very late at night. actually it might have been early in the morning. we had just learned that president bush was ahead mathematically to win the election. so the family decided it was time to celebrate with a conga line. >> host: how often would you alone, just you and the bush family? >> guest: a lot, a lot. esp
and that's where he would meet a young man named barack obama in the 70s. he was introduced by obama's grandfather, stanley dunham. i should back up a little bit. he was african-american. he was a republican from the time of lincoln to fdr. remarkably what so far to the left that during world war ii he joined the communist party. he joined communist party u.s.a. a lot of american communists never joined communist party u.s.a. you literally sworn allegiance to the soviet union, and you committed yourself to a communist party u.s.a. caught a soviet american republic. so davis really went to the other side and after that ended up editing -- he was the founding editor-in-chief of the communist party publication of chicago, the chicago star was a down the line pro-soviet pro-stalin publication. did that for two years and then went off to honolulu was a columnist for the record, basically the publication in honolulu. bro from 1849 to 1957. his writings were incredibly anti-american at the time. especially anti-harry truman because turbine was the president opposing stalin. frank marshall d
obama is meeting with his cabinet, his national security team, and counterterrorism advisers. that will happen tonight. the fbi is leading a massive investigation. you know, we can almost see it going on all around us, looking into what may have caused this twin set of bombings. and many people have been questioned. moments ago we heard from a man who witnessed the death of one of the bomb victims. that victim an 8-year-old who was killed. he has been identified as martin richard. his father ran in the marathon. the son was there to give him a hug at the end of the race, and now that family which also has suffered many injuries are in mourning. cnn's pamela brown is with me now to tell that part of the story. >> john, the witness i spoke with still in a state of shock today. he was 50 to 75 yards from yesterday's explosions. he says there is one image in particular he cannot get out of his head, that of a little boy on the ground right after the second explosion and now he believes that was 8-year-old martin richard. here's what he had to say. >> when you're in such shock you
in the last few hours. obama and senator roger wicker was sent letters containing what is thought to be ricin, a ighly toxic substance. he once ruled pakistan, but now pervez musharraf is a wanted man. he had been living in self-imposed exile in dubai and lone don't past few years and only returned to take part in elections. it seems that was a miscalculation. stephanie reports. >> push after ar had come to court -- musharraf had come to court, hoping his bail would be extended once more. instead he was forced to flee. the judge refused to listen. he's accused of treason relating to his decision to suspend the constitution and declare a state of emergency when he still ran the country in 2007. the week has gone from bad to worse for musharraf, who returned to pakistan last month in the hope of making a political comeback. on tuesday, a court in peshawar disqualified from running in the parliamentary elections in may. now he finds himself effectively on the run. lawyers at the islamabad high court want the former president as he went through court, crying out, "look who's running away." >> i e
in the markets. we will get to rich with the latest development now evolving president obama with these powdered subsistence, ricin, or whatever they may be in a couple minutes. dagen: nicole petallides is at the new york stock exchange with more. nicole: easy come easy go. use all the up arrow's yesterday. how about the tech heavy nasdaq version mark down over 2%. you had earnings and both bank of america and intel are to the downside. some cases, seven week lows for the european stocks. back to you. connell: thank you, nicole. dagen: learning a second letter containing a powdered substance thought to be ricin was also sent to president obama. connell: we do not know yet. rich edson has the story. rich: two letters, one sent to a senator, one sent to president obama. intercepted at a secondary facility. both containing a white powdery substance. the one sent to the senator preliminary tested positive for ricin. the one sent to president obama is also being tested right now. those who handled these letters are not showing any symptoms right now of being affected with some type of poison. this is
concerning president obama that were lost. they are now being followed up by some things that were more truthful. if you are out to lunch, you missed the whole thing. lori: we can confirm that the ap twitter account was attacked. it was to your point false. melissa: that is amazing. we are talking about the power of twitter you see the market perhaps react and respond to that. it is back to where it was now. a major stock to watch today is netflix. shares soaring today. time to make some money with charles payne. did you see what just happened? charles: so unfortunate when these things happen. one of the most amazing stealth rallies in history. it is really sad, sad stuff. i netflix. [ laughter ] my daughter is at the house on sunday. she said she is getting rid of cable and doing netflix. this is an amazing quarter for the company. what was interesting, i would have put up a table of the membership and the profit sources. everyone talks about streaming right now. you would be surprised. dvds really did well for them. their core business. melissa: isn't this amazing, remember dvds? char
on the latest on the boston marathon, president obama spoke at an interfaith church service as investigators search for the press or people responsible for the attack. rich edson has the latest. rich: president obama just arrived at massachusetts general hospital where he will meet with hospital staff, some of the victims of this. he was meeting with those of the boston athletic association, volunteers, victims' families, first responses, link the statement of the president of the added stake in boston speaking at the interfaith service attended by number of dignitaries including former presidential challenger mitt romney who was in attendance with his son. when you listen to what the president spoke for about noon he started speaking and set a stern message to the bombers. >> bostonians carried victims and their arms, little water and blankets, lined up to give blood. opened their homes to total strangers, give them lives back to reunite with their families. that is love. that is the message we send to those who carried this out to anyone who would do harm to our people. yes, we will find y
.s.-mexican relations monday at an event hosted by the new policy institute. president obama is scheduled to visit mexico in may, where he will meet with the newly- elected mexican presidents. this is one hour, 25 minutes. >> welcome, everybody. we will begin. thank you for coming. if i can ask all of your potato chip bags be discreet in the way you eat them and the up with it -- obligatory notice of tournament -- turning off the ringers on your mobile phones, but encouraging u.s. the same time to plead as much as you want under the hashtag we are using today. i am the president of the policy institute. we have an extraordinary -- nel da i am hst twelcomehe new ambassador from mexico to the united states, who has already become a good friend to many here in washington. and just to introduce what we do here. we are a small, independent think-tank. hereve had a project called the 21st century border initiative for three years now. we have been trying to tell a simple story to policy-makers in washington, which is that, because of an increase investment, better strategy, and greater cooperation betwe
that kind of situation? >> we have a commitment to president obama that those individuals will be detained. what i have said to the chairman and the chain of command is that were afghanistan not to meet their commitment we would have a real operational policy issues to address at that particular time. i think we changed fundamentally the nature of our operations and certainly change the support we might provide to afghanistan in the future. we have an agreement with afghanistan to keep those people detained. were they to violate that commitment i am satisfied that would be a significant change in our relationship and the nature of our operations. >> thank you, general. i want the follow-up on the questions that senator iumenthal ask you about -- appreciated your testimony. sponsor of the contractor enemy permission. as a result of that we have introduced legislation called"never contractinfg with the enemy." made significant progress. to fill in some of the gaps, including dropping the contract level from 100,000 to 20,000, as you had mentioned earlier, it is not just the dot that is contr
>>> hello. you're watching "newsline." i'm shery ahn. a white house official says the obama administration is handling an attack at the boston marathon as an act of terror. two bombs went off just before the finish line. at least three people were killed. one of them was an 8-year-old boy. more than 100 others were wounded. the first bomb knocked back runners 30 meters from the finish. then another explosion hit people a short distance away. emergency services rushed to the scene. there was no word on the motive or on who may have been responsible. investigators are working to find out whether the attack was carried out by a terrorist group from inside or outside the country. the explosions have revived memories of the september 11th terror attacks. authorities have tightened security in cities around the country, and they may review measures to keep americans safe. nhk world's reporter has more. >> reporter: this was the 117th running of the boston marathon. the world's oldest annual sporting event. more than 23,000 runners took part. several recounted the horror. >> i lite
obama and adding to the song "yes, we can: voices of a grassroots movement," she has well sung the national anthem at the national championship football game and as well she has given a lot of contributions to american music. she is a supporter of music education for our children, the mother of a daughter and, yes, a prominent american. but i think if we could say the most about yolanda adams is that she never stops evangelizing and seeking to help those who are hopeless and in despair. she brings joy to those who seek it and believes that everyone is a child of god. i'm grateful to know yolanda adams and to claim her as a constituent of the great city of houston and the great state of texas. but most of all, she's an american who is a believer and understands the value of america's freedom to be able to worship. she continues to soldier on to save souls and we're delighted to have been able to have her bless us this morning. mr. speaker, i yield back. the speaker pro tempore: the chair will entertain five further requests for one-minute speeches on each side of the aisle. the
to michelle obama for raising the national conversation about obesity and health and nutrition. on the one side. on the other hand, too, these products are so compelling. i like to call them the foods we hate to love because, you know, it's hard to talk about something that you love to eat in negative, in negative tones. >> host: michael moss, what was the reception from the food companies when you approached them about "salt sugar fat"? >> guest: i think that they were actually -- i mean, i was surprised by how willing they were to talk to me. and i started off with a trove of internal documents which helped tremendously. these thousands and thousands of pages put me at the table as the largest companies were plotting and planning and formulating their way to creating new products. those documents enabled me to convince their top scientists, marketing officials, ceos in some cases to talk to me and reveal even more secrets. and so -- and i was really surprised by how many companies have a cabal of insiders who are genuinely concerned about obesity and health issues associated with their p
performed by national captioning institute] >> next on c-span, president obama joins the intith rvice fobost victims. andhe sea for suspects on the boston bombing. later, the senate so-called gang of eight hold a news conference on the immigration proposal. after that, senators introduce their own immigration proposal. coming up on the next "washington journal" rebecca journalrom the national talks about the immigration legislation put out by the so- called gang of eight. and the look at the developments following the boston bombings. our guest is colonel randall larsen. reader, an examination of trends in renting and homeownership in the u.s. -- later, an examination of trends in renting and homeownership in the u.s. liveington journal" is every morning at 7 a.m. eastern on c-span. patrick donahue talks about financial issues facing the post office. he is the featured speaker at the national press club on friday. live at 1 p.m. eastern on c- span 2. >> when the war began, congress came into session in july and it issued a statement known as the clinton resolution. it articulated the consens
examine. the third emerged during the last ten years of president obama's first term. over this period, the president, as we remember, vividly, i'm sure, faced relentless pressure from benjamin netanyahurc wi conress and wi the poe eny i this pressure forced the president into humiliating retreats from positions on a settlement freeze, on the potential borders of a palestinian state and urgent need of a state staked out first two years in office. as anybody's who's followed this conflict knows, these were positions previously taken by succession of the u.s. president, but this president was obliged to abandon them. it was not palestine on which he focused almost interly in the first two years in office, but the question of iran's nuclear program, benjamin netanyahu's preferred subject, in exchange ever since. the climb down was complete, and i argue that was seen, yet again, in the bulk of the speech therntly in jerusalem. s writing on the subject, and, aain, the corrupt language played a crucial role. for decades, the repeated man tray of a peace process served to obscure reality. thi
much. we appreciate it. as you have been watching on this network of president obama did honor the victims of monday's explosions in boston at an interfaith church service. this just a short time ago as investigators continue their man of the person or persons irresponsible for the marathon bombings. we have jeff flock on the story. yesterday with one mad this is the story in the next as another. but we have now? >> reporter: that's right. two fbi briefings or cancel them all we have now is another fbi briefing scheduled for 5:00. the gst never happened. if the fbi breezes of 5:00 this afternoon, president obama is right now on his way back from boston where he spoke at the service. he also visited that umass general hospital to talk to victims and their families, first responders, doctors, nurses, speaking with volunteers. the president on his way back to washington right now. here in d.c. attorney-general eric holder promised to work to prevent something like this happening again. >> the department also will continue to strengthen and refine our broader national security effo
with a live briefing one starts. dagen: president obama briefed this morning. we are looking at this live breast priest -- press briefing- press briefing. meantime in washington president obama was briefed this morning on the boston investigation. the man had. we go to rich jensen at the white house with the latest. >> reporter: a very fluid situation. the national security staff convening about an hour-long briefing this morning that ended -t about -- probably an hour ago. we were supposed to get a briefing in new from the press secretary, just a regular is scheduled briefing, the daily briefing. that has been pushed off, postponed to a time to be determined. we are learning now also comes from capitol hill. his reporting, is senior source on capitol hill was brief but a national data terrorism center saying that police believed dzhokhar tsarnaev is still in the boston area and it is important they get all the time and do so live because they want to find out if this is something broader. there is another person involved those sources saying it is hard to believe that these two men opera
with officials searching bags on public transit. speaking on monday, president obama said those responsible for the attacks would be brought to justice. >> we still do not know who did this or why. and people should not jump to conclusions before we have all the facts. but make no mistake, we will get to the bottom of this. and we will find out who did this. we will find out why they did this. , anyesponsible individuals responsible groups will feel the full weight of justice. >> we will have more on the boston marathon bombings after the headlines. in iraq, at least 55 people died as dozens of explosions and a shooting ripped through provinces across the country monday just days before elections. the worst violence struck the capital baghdad, where at least 25 people were killed by car bombs and other blasts. at least 14 political candidates have been killed in recent weeks that the provincial elections scheduled for saturday. monday's toll was the highest in nearly a month after 65 people died in blasts on march 19, the anniversary of the u.s.-led invasion. in somalia, a militant group is
to president obama, vice president biden for their leadership and standing strong and continuing to fight for a safer america. i would like to say they're see forhank you to the senators legislation that would keep guns out of hand and save lives. they stood by us right from the beginning. they were with us. we will not be defeated. we are not defeated. we will not be defeated. we are here now. we will always be here. we have no other choice. we are not going away. every day more people are killed in this country because of gun violence. our determination grows stronger. we leave washington hoping that others, both here and across the country, will join us in making the sandy hook promise. i pledge that we have great hope that more senators will take literally. i would like to end i repeating the sandy hook thomas begins, our hearts are broken. our spirits is not. thank you. it is now my great pleasure to introduce the president of the united states of america, barack obama. >> good job. , in few months ago response to too many tragedies, including the shootings of a u.s. congressman, gab
today. the associated press reports that president obama asked former secretaries of state to lead the delegation to the funeral, which c-span covered earlier this morning. go to our website if you are interested in that. the white house said other delegation members would be from the u.s. embassy and the former u.s. ambassador to the united kingdom, and house speaker boehner announced he was sending three republicans. lincoln, nebraska, democratic color. make it quick. we are running out of time. caller: i promise. under prime minister cameron, you guys are in a triple dip recession. , there used to be 14% growth a few years ago. they are now 7.7%. that is still a lot better than what is going on, and that does tie in with former prime minister thatcher. thank you. guest: that is being pointed at as a mistake of fiscal tightening. there are echoes of thatcherism. the british government would say written has a gigantic financial sector. when this government came to power, it was running eight percent deficits, some of the highest in europe. at some point, international debt markets
service which was entitled healing our city. it ran about an hour and 15 minutes. and president obama who spoke for about 10 minutes or so in a speech that was part sermon and also intended to inspire the city. >> i'm here today on behalf of the american people with a simple message. every one of us has been touched by this attack on your beloved city. every one of us stands with you. after all it's our beloved city, too. boston may be your hometown, but we claim it, too. >> at this hour the president is still in boston meeting with volunteers and all the while that this was going on, the investigation was continuing, the video evidence that authorities have been looking at includes potentially two individuals that may either be witnesses or may have had a role in the attacks on monday. there is video of somebody places a bag at the site that may or may not be the bag that contained the bomb. nbc news also reporting that authorities are canvassing hobby stores because some fragments included wiring and batteries. often the type used in toys. so they want to see whether these things were p
more on the reaction from washington, rich edson is live at the white house. president obama was briefed on the situation this morning, the situation room as it is called is active. rich: it is quite active and has been this morning and president obama started a meeting with the vice president, it lasted an hour. we have subsequent meetings here, secretary of state john kerry, secretary of defense shuts hegel, director of intelligence james clapper and others at the white house. however senior administration officials stress that is for previously scheduled meeting of national security principals, so nothing really specifically to do, nor was unscheduled specifically because of the events in boston, that was earlier this morning. news from capitol hill according to bret baier of fox news saying officials briefed lawmakers on capitol hill telling them they really want to get this second suspect alive find out perhaps if there are any more people involved, find out whether they have any training overseas or if they were radicalized in the united states or overseas and that has
. >>> first up tonight, president obama will travel to boston thursday for an interfaith service with bombing victims. more than 24 hours after two bombs ripped through marathon crowds killing three, wounding 170 others, investigators are still no closer to answers. late this afternoon, the fbi said no claims of responsibility have been received, and the search for suspects is wide open. deborah boxdy joins us now from boston with all of the latest. good evening, deborah. >> reporter: good evening, larry. i'm live here along boylston street in the heart of boston, about four blocks or so away from the marathon's finish line, where those two bombs exploded just one day ago. security around the city remains extremely tight, as people try to move on after that devastating attack. three people died, including 8-year-old martin richard of dorchester, massachusetts. more than 170 others were hurt. some of them losing limbs. earlier today, authorities began processing that crime scene, which now stretches about 12 city blocks. they detailed some of the evidence found at the scene during an evening n
to question in relation to the boston marathon bombings. all this as president obama went to that city today to help begin the healing. scott cohn has the latest from that city. scott? >> michelle, we are, indeed, about two hours away from this long-awaited news conference. we've had an official news blackout for two days now. so we should find out what the authorities have been working on the last couple of days. some actual official information about that. potentially, a picture or pictures of the people they want to talk to and what they've learned from all of those video images. and we know that there were cell phone cameras that people have turned in and all the surveillance cameras, like the one in the lord and taylor store, just across the street from the second blast. and also, at least two others that were operated by the boston athletic association at the finish line, and those could be very high-quality images, because those were high-definition cameras. so if they caught something, that could be crucial. also, there are the fragments that they've picked up of the explosive device
taken. i look at you and say i'm angry about something. i'm angry about obama. i'm angry about bush. person says, says, i'm angry, too. no one else is doing something. all of a sudden you have a cycle that leads to an act of violence that neither individual would take otherwise. >> i'm going to come back to that cycle of violence. mr. schwecker, want to go to you as a former assistant fbi director. according to the news reports, these two guys parted ways, okay. so suspect number two with the white hat backwards, he put the bag down and that was right near the explosion so we've kind of fingered him as the guy for the explosion. what about the first bomb explosion? they parted ways. does that mean that they were accountable for the first explosion, or do you think there are other people accountable for the first explosion? >> well, first, larry, i think what's happened here is you've got a composite of videos from all up and down that -- throughout that area. private videos, digital image videos, so they have pieced together at least that these two were together at some point, and -
with this individual who they have on video. kelly. >> scott, we'll leave it there for now. we know president obama is visiting the area. >>> in the meantime, commodity prices are selling off. the sell-off i should say continues. it's mostly copper today, though. and we are certainly off the lows. in fact, something of a rebound shaping up now with gold up better than 1%. crude participating, as well. brent and nymex there both remaining below if you want to call them key psychological levels of $109 a barrel respectively. we've seen miners down significantly in some cases this morning. coming off the lows of the session. how do you play the commodities space? what other opportunities might the u.s. offer in particular here? darren joins me from yorkville capital. welcome. you're here to talk infrastructure, but the conference is about infrastructure, but what you're talking about, really, are some of the opportunities that the u.s. now offers, given a lot of the big changes we've recently seen when it comes to shale gas. >> absolutely. i will start out with two questions for you today. what's the
conference president obama spoke from the white house. >> good evening, everybody. tonight our nation is in debt to the people of boston and the people of massachusetts. after a vicious attack on their city the people of boston responded with resolve and determinations. they did their part as citizens and partners in the investigation. boston police, state police, and local police responded with professionalism and bravery over five long days. tonight, because of their determined efforts we've closed an important chapter in this tragedy. i've been briefed earlier this evening after the attacks on monday, i directed the full resources of the federal government to be made available to help state, local authorities in the investigation and to increase security as needed. over the past week, close coordination over state and local officials to track down leads has been critical to this effort. they all work as they should, as a team. we are extremely grateful for that. we o'a tremendous debt of gratitude to all of our law enforcement professionals. these men and women get up every day an
? and did they receive any help? the families of those killed deserve answers. >> president barack obama has promised to deliver those answers, stressing that the investigation continues. 157 people are confirmed dead and over 5000 injured after a powerful earthquake in southwestern china. the quake with a magnitude of 6.6 hit the province of sichuan. the epicenter was located in a rural, mountainous area near the city. the tremors were felt in chengdu about 150 kilometers away. china's new permit or -- or mirror has arrived to oversee hasue efforts -- premier arrived to oversee rescue efforts. >> the tremors were so powerful that they could be felt for several hundred kilometers. >a toppled buildings and triggered landslides. it brought back memories of the destruction of 2008, when an earthquake left tens of thousands dead in sichuan. doctors are tending to the thousands of casualties in local hospitals. at makeshift clinics set up intense. her father was trying to save her, but rubble fell on his head when he was carrying her out of the house and that injured him, to. >> we still live in
. so the tension is going to focus on the obama administration and following this. we saw during the presidential election campaign mitt romney continually criticized the president being soft on terrorism inspect.. >> and the benghazi incident where it seemed they -- responding to the threat sfp. >> the obama administration was reluctant to use the word terrorism and link it with al qaeda. we saw that a little bit last week, a day before the word "terrorist" was used. this is the line the republicans will use against the president, that he's soft on terror. we're already seeing senior republicans accusing the fbi of dropping the ball on this one, senator lindsay graham and senior members of the house. >> are they justified? is there any way of knowing how many threats like this come into the u.s. on a daily, even hourly basis, and whether in the grand scheme of thing this one ought to have raised the flags? >> i'm not privy to the particular piece of intelligence on this. i imagine obviously they would have thousands of these and things on an annual basis. lindsey graham has said
bad. it's a black guy for the obama administration, congress and the faa. this is going to come back and haunt washington in a major way. connell: you said it would be disastrous for the administration. why? >> well, i think ultimately the jury understands there are always ways to cut spending. it would make the obama administration appear as though it is making six. there has to be some other way to reduce expenditures that do not impact flight times and everything. do not think this looks good for congress or the obama administration. connell: most people believe that it is the big four medicare and the fence that would really hit the budget and that is where we would really have to cut back. we do that, there will be political fallout from everything. they like their social security. they like their better. >> yes. i think so. the real problem is government overspent. we also have a lack of growth. if you have strong economic growth, you would not have these problems of revenue shortfalls that come into spending. ultimately, this is pretty basic. there is a lot of pork in the budg
, president obama vowed to bring anyone responsible to justice. >> we will find out who did this and we will hold them accountable. >> counterterrorism officials tell nbc news that multiple explosive devices were found at the scene. security remains tight in and around boston. residents being told to expect a continued heightened law enforcement presence as the city tries to come to grips with a violent attack in the heart of boston. and that was katie davis there with that report. now london's metropolitan police are reviewing security plans for this sunday's marathon after the explosion in boston. the minister told bbc the best way to show solidarity with boston is to continue the race as the french president has stepped up security around public buildings in this country and raised the threat level to red. >>> speaking earlier, it was said the long lasting impact of terrorist attacks are low. >> research into terrorist incidents over many, many years, their economic impact, their direct economic impact tends to be very, very small, indeed. a lot of good research done on this in israe
first lady. comments from noted historians and thoughts from michelle obama on the role of first ladies to about history. now available for $12.95 + shipping act c-span.org/ products. by america'seated cable companies in 1979, brought to you by a public service. >> education reform is the topic. he has a student of westminster academy in fort lauderdale, florida. >> we talk about crisis, education in america may be in crisis. >> what about education in the united states? is that going in the right direction? >> that is a very tough problem. >> the college board found that in the graduating class of 2012, test scores fell in two of the three sections. rating dropped the lowest levels in four decades. -- leading a drive to the lowest levels in four decades. dropped to then lowest levels in four decades. >> freedom is like the secret ingredient that makes america special. freedom is what america is about. freedom has enabled the greatest minds to dare to know and as an able to america to become a country of innovation. freedom has allowed us to explore into the unknown, it has allowed us t
-month low. john kingston will tell us how low oil will go. lori: a letter sent to president obama was poisenned with ricin, parts of capitol hill shut down because of suspicious packages and letters. the buildings are just been cleared. latest ahead. melissa: the senate in the middle of the night, literally, boost the u.s. economy as supporters claim it will? lou dobbs is here. lori: let's update you on the markets as we do every 15 minutes, happening fast and furiously. we have the first check in this hour with nicole. what's the word on the floor among traders there, nicole? >> a couple things to note, obviously, we were selling off, back looking at what we looked at on monday, monday, we dropped 265 points, below even those levels. the vix, fear index, up 20% easily showing the nervousness in the market. selling across the board, particularly in economic sensitive areas like energy and technology, and apple, for example, below $400, and we'll is more on that throughout the show. the one thing to note is the volume is not as heavy like we saw on monday. there's less volume and l
obama took office was the exact opposite. before he began the surplus had been turned into a deficit. >> was their budget, mr. secretary come in primary balance? with the economy growing faster than the annual budget deficits come is that what you're saying? >> does the budget proposed, which are advocating, just back of the? tell us how we do that. >> or reduce the deficit as a percentage of gdp in the end of the ten-year window to less than 2% in somewhere around 3% you going to primary balance depending that interest rates are year-to-year, but for the second half of the budget window, we are in primary balance, in surplus. in terms of primary balance calculations. >> it is important that question needs to be asked over and over again in your response remembered. i'm pleased the budget also the is an extension to a new state volume cap on tax exempt qualified activity bonds for the furnishing of water in the system from which needs billions and billions of dollars to keep up with the time. it was the wastewater, it added up to 1 trillion, $200 trillion. we started a down payment o
passed the finish line. president obama has called for a moment of silence for the victims of the boston marathon bombings next hour at 2:50 p.m. eastern. exactly a week after the first bomb exploded. let's get you back to melissa and lori. melissa: thank you so much. fred chairman ben bernanke skipping the annual jackson hole meeting due to a schedule conflict. that news is already causing rampant speculation. this is a big deal. the fed chairman has been there 25 years. they use the of that to signal policy changes. what do you think is going on? >> i think again, chairman bernanke is opening the door that if in fact he is not re- appointed and i think the market expected before the announcement that he would not seek reappointment, they knew person would have a clean slate to work from. there've been not think that he would say in august that someone would have to change. i think a lot of discussion is that policy will change sometime in 2014. i think it makes it easier for the new person in not having to overturn policy. melissa: not going and not saying anything almost has the same
in fuel efficiency standards under the bush administration, which were increased in the obama administration. so we're producing more and we're using less. and that's why the price of fuel is down a bit. >> all right. makes a lot of sense. fred, good to have you on the program. thanks very much. >> thank you. >> we'll be cheering on your folks here as they ring the closing bell. bill? >> all right. we're coming back a little bit here. the douw was up 151 at the high of the dead, we're up 131 right now. >> apparently, bill, the bias is to the buy side here on the floor. >> good to know. >> we'll see what happens. >>> up next, a thing who knows a thing or two about terrorism. former new york city mayor rudy us what we can learn from the explosions in boston and how to navigate this. yeah, i'm married. does it matter? you'd do that for me? really? yeah, i'd like that. who are you talking to? uh, it's jake from state farm. sounds like a really good deal. jake from state farm at three in the morning. who is this? it's jake from state farm. what are you wearing, jake from state farm
of governor kristy of new jersey and president obama embracing a few days before the election. [inaudible] it was the melting of the arctic sea ice that actually brought them together. [laughter] [applause] indicating the implication for the american political system. but the third reason, of course, the enormous resources in the arctic. it has been estimated that about a quarter of the -- [inaudible] energy resources can be found within the arctic. in addition to various min lal -- mineral and other important item for a professional 21st century economy. it's one of the reasons why the prime minister of south korea visited grown land last -- greenland last year with a long list of global corporation wanting to engage in formal agreement with the new government in greenland. so for all of these reasons, that and many others, the arctic has become the political strategic with economic feel good of the 21st century. but we should know something and remember that within the arctic, there are people who have lived there for thousands of years. people who have made the arctic the neighborhood
. of course, president obama spent nearly four hours there today, as partf interface service that they had, michelle. >> scott cohn is in boston. he has the latest from there, scott. >> michelle, we are going to finally get an official briefing from law enforcement, as bill said, that will come roughly around the top of the hour. and the plan is that it will be all law enforcement. the previous briefings have included the governor and the mayor. this is now sort of getting down to business, and it is widely anticipated that we will probably see some pictures of people of interest, that they captured on video at the time of the explosions on monday afternoon. that's part of the whole process of healing this city, healing our city was the theme of the remembrances today in boston, culminating in an hour and 15-minute long memorial service, interfaith service, at the cathedral of the holy cross. president obama speaking and delivering a message of renewal. >> this time next year, on the third monday in april, the world will return to this great american city, to run harder than ever and to ch
administration. he could pull it off. if obama nearly tried, it could produce a million jobs in the oil and gas industry. that's not even including the ancillary small businesses or the factory jobs that we moved here from other countries to benefit from our cheaper energy costs. but here's the rub. in order to achieve energy independence within president obama's time in office, the president would have to embrace natural gas as a surface fuel, the way they do in other countries with bountiful gas reserves. he has the ability to order government automobiles, trucks to convert to natural gas. that would then foster a huge job-creating infrastructure and make the importation of oil from diesel fuel oneua all our itsntan irrelevance. ver, ithe president did that h environmental base would be furious. so instead, he says, he favors all sorts of energy. hey, that's the same thing as doing nothing. he needs to say nat g our fuel. we're going to use it to clean up our skies and also become energy independent. sound impossible? listen. i'm not talking about giving this industry one red cent. unlike the
of them critically. at the white house, president obama vowed it will be a swift and thorough search for whoever planted those devices. >> we will find out who did this. we will find out why they did this. any responsible individuals, any responsible groups will feel the full weight of justice. >> scott cohen is in boston this morning and he will join us in just a moment with the latest. but first, before we do, why don't we get the market aes reaction to all of this. u.s. equity markets are coming off their worst session of the year. in fact, the dow ended at its lows of the day after concern about what was happening in boston. all dow 30 components ended in the red. after the so-called fear of gauge, the vix index was spotted at more than 40%. and the futures this morning after these declines, you'll see there are green arrows today, making up the ground loss yesterday. right now, the dow is up by 55 points, s&p is up by 5.5. gold is the major stoep story yesterday because it was down over 6%. by the end of the day, it had fallen to two-yee lows. the metal fell by as much as 2% tod
of global warming the unusual photograph of president obama and governor right before the election. in the united states there's a large contingent of climate change doubters. what do you say to that part of the tows persuade them that climate change is real? >> would be take a look at me. i'm the picture of obama and governor chris christie. [laughter] because according to the ground rules of u.s. presidential campaigns, such an embrace three days before election day was an absolute taboo. and talk to the people new jersey or new york that had their homes destroyed and their communities destroyed due to the extreme weather events. look up on the map side, the report of china in january or february. one example, just to give you a visual image is the melting of the arctic sea ice in my part of the world. the consequence -- [inaudible] so whether we call it climate change or not, that's a political concept, which i know has positive or negative connotations, but the ice melting is a reality. and the consequences of the ice melting in my part of the world is extreme weather in united
or group that claimed responsibility. >> reporter: day four, president obama comes to boston and speaks at an interfaith service telling boston the country stands with it. >> the world will return to this great american city to run harder than ever and to cheer even louder for the 118th boston marathon. bet on it. >> reporter: later that day, a break in the case. the fbi releases photos and surveillance videos of these two men walking with backpacks. at 10:48 p.m., gunshots are heard on the campus of m.i.t. in massachusetts. reports say that officer sean collier was killed. after that a black mercedes was stolen leading police on a chase. throwing grenades and pipe bombs out of the windows. one suspect, tamerlan tsarnaev was killed. day five, witnesses describe the mayhem. >> we saw the explosion. we must have heard about 60 gunshots. >> reporter: 2:40 a.m. a robo call sent to watertown incidents. >> there is an active incident in watertown right now. all watertown residents should remain in their homes. >> reporter: 4:22 a.m. a suspect on the run. >> we believe this to be a terrorist.
than two hours. but here we have two letters one sent to president obama and republican senator both intercepted at an off-campus processing center both testing positive for rice and that is what authorities are looking into right now. that takes between 24 and 48 hours to determine if that was present also filters that a second government facility show preliminary testing positive for ricin than a number of suspicious package and a letter alerts on capitol hill that have been cleared but still local offices of u.s. senators in different states reporting they have suspicious packages which could be common for a heightened state of emergency in the summary get a number of tourists that leave bags and packages even a kids leaving the backpacking and it creates panicked. it has become almost routine for a with a high incidence of security continuing as the investigation in boston continues. cheryl: following a few breaking news stories we are getting more breaking news and want to give this to use security officials have just now cleared the boston courthouse ordering staff attorneys an
complement president obama's request and reflect the undisputable fact that statehood won the november referendum. puerto rico stands in a far different place today than it did six months ago. an historic referendum was held. the president responded to the results and congress now has the responsibility to act. those who seek the equality and progress for puerto rico are on the forward march while those who support the same old status quote are in retreat would drive the debate, while they merely react to the debate. and in the end mindful that the arc of history's long bends the justice, i am confident we will prevail. thank you, mr. speaker. i yield back the balance of my time. the speaker pro tempore: the chair recognizes the gentlewoman from california, ms. lee, for ive minutes. ms. lee: thank you, mr. speaker. let me first send my thoughts and prayers to the city of boston, families and friends and all those touched by yesterday's horrific tragedy. an incredible strength on full display in the streets of boston when untold numbers of people, the police, firefighters, volunteers, r
surgery at four boston hospitals. meanwhile, president obama has left no question that the boston marathon bombing was an act of terrorism. the fbi is it evidence response team processing a scene along with the alcohol, tobacco, firearms, and state and local agencies looking for evidence and coming through the debris for any clues that might lead to the capture of those responsible for the carnage. >> this morning the fbi along with boston pd, massachusetts state police, and atf, officially began its forensic evans recovery effort at the site. their goal was to recover physical items related to the blast. those items have been recovered and are being sent to the fbi's laboratory in quantico, virginia lou: the fbi has confirmed there are no plans a responsibility and that the range of suspects and motives remains wide open. authorities are asking anyone with photographs or video near the scene of the explosions to take that evidence to the fbi for examination. the critically important part in the investigation focuses on the components used to make the two bombs and the device or devices us
. president obama will travel to boston for a memorial service on thursday. the u.s. senate has shut its mail facility for the next couple days after authorities intercepted a letter sent to mississippi republican roger wicker. it was laced with the poison ricin. the letter was post marked from tennessee but had no return address. >>> here in london we are watching the funeral procession for the former british prime minister margaret thatcher. that funeral is due to begin in just about an hour's time at st. paul's cathedral. just outside our studios in london. ross westgate is not with me because he's outside of the cathedral. it looks as though they nearly have arrived. they still have an hour left to go. >> the hearse which you saw creeping behind the church there is just about a half mile away from st. paul's cathedral. it also pretty much marks the spot where the west end becomes the city of london or the city of london that's under the control of the corporation of the city of london. what will happen there is that the hearse will stop and lady thatcher's body and the coffin will be tran
up nothing and he's not considered a suspect at this point. yesterday, president obama was direct in his characterization of the bombings. >> this was a heinous and cowardly act and given what we now know about what took place, the fbi is investigating it as an act of terrorism. any time bombs are used to target innocent civilians, it is an act of terror. we also know this. the american people refuse to be terrorized because what the world saw yesterday in the aftermath of the explosions were stories of heroism and kindness and generosity and love. exhausted runners who kept reasoning to the nearest hospital to give blood and some stayed to tend to the wounded and turning off their clothes to make tourniquets and the men and women who are still treating the wounded at some of the best hospitals in the world. so if you want to know who we are, what america is, how we respond to evil, that's it. selflessly, compassionately, unaffirmative. >> the death toll stands at three. more than 170 people injured. 71 of them still hospitalized and the injuries are -- we are looking at pictures
think you get more foot traffic under obama care and my analyst has a favorable rating on the company and you take it on a stock-specific basis. >> are you excited by earnings season, jeff? >> not yet. this is the real onslaught. last week was really light on the earnings front and we'll have a better peg on that after the end of this week. >> for sure. >> jeff, nice to see you. on cnbc. >> from the markets to the growing world of etfs there is 1.5 trillion under management in the u.s. alone within the etf landscape and as etfs keep gaining ground they might make their way into your portfolio and bob pis any is here with his brand new etf portfolio tracker. bob? >> and i'm very proud of that, carl. we've spoken about exchange-traded funds and the role they might play in their portfolio and we might take this to another level and we'll show you how to use etfs to build a retirement portfolio so we brought in six independent etf experts including five financial advisers that use etfs exclusively to build three retirement portfolios that we are rolling out today. the site, retirement.cnb
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